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31.10.2023 01:55:11

Australia Private Sector Credit Climbs 0.5% On Month In September

(RTTNews) - Private sector credit in Australia was up 0.5 percent on month in September, the Reserve Bank of Australia said on Tuesday - up from 0.4 percent in August.

On a yearly basis, credit climbed 4.9 percent.

Housing credit added 0.4 percent on month and 4.2 percent on year, while personal credit gained 0.6 percent on month and 2.3 percent on year and business credit was up 0.8 percent on month and 6.8 percent on year.

Broad money improved 0.5 percent on month and 5.1 percent on year.